On June 10, the US Labor Department reported that May CPI rose 4.2 percent year over year, the highest since April 2023 and up from 3.8 percent in April. Energy prices jumped 3.9 percent month over month, accounting for over 60 percent of the headline gain. Core CPI rose 2.9 percent year over year, with a monthly gain of just 0.2 percent, below expectations. Following the data, market pricing for a Fed rate hike this year rose to about 43 percent. The Fed's June 17 meeting will be the first rate decision under new Chair Kevin Warsh. Elevated energy prices continue to drive inflation pressures. 📊 Sources: BLS / CME FedWatch




163,83K Popularitas
1,99M Popularitas
57,63K Popularitas
773,25K Popularitas
5,73M Popularitas
397,08K Popularitas
261,75K Popularitas
1,43M Popularitas
210,83K Popularitas
1,33M Popularitas